STREETER STEPHANIE A 4
4 · WESTERN DIGITAL CORP · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Western Digital (WDC) Director Stephanie Streeter Receives Award
What Happened Stephanie A. Streeter, a director at Western Digital Corp (WDC), was granted 0.334 derivative shares on 2026-06-17. The award is recorded at $0.00 per share (total reported value $0) and represents dividend-equivalent rights tied to previously awarded restricted stock units (RSUs). This is an award (not a purchase or sale) and does not by itself indicate a bullish or bearish trade.
Key Details
- Transaction date: 2026-06-17; Filing date (Form 4): 2026-06-22.
- Reported amount: 0.334 derivative shares; price reported $0.00; total value $0.
- Nature of award: Dividend equivalent rights that vest proportionately with the underlying RSUs (each right represents a contingent right to one share or cash).
- Shares owned after transaction: Not specified in the filing.
- Timeliness: The Form 4 was filed five days after the transaction; Form 4s are typically required within two business days, so this appears outside the usual window.
Context Dividend-equivalent rights are a supplemental credit tied to RSUs and generally convert to shares or cash as the RSUs vest. This transaction is an award of such derivative rights rather than an open-market purchase or sale, so it should be viewed as part of routine compensation-related corporate grants rather than an independent investment signal.
Insider Transaction Report
- Award
Dividend Equivalent Rights
[F1]2026-06-17+0.334→ 2.117 total→ Common Stock (0.334 underlying)
Footnotes (1)
- [F1]The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.